Management's commentary is important to watch out for than results. Majority of earnings' contribution come from Hindustan Zinc and Cairn India, wherein Vedanta owns 65 percent and 59 percent stake, respectively. Both companies' results beat analysts' expectations.

Vedanta Q2 profit seen down 5%, debt repayment outlook key

Vedanta, an associate company of the London Stock Exchange listed diversified resources group Vedanta Resources Plc, is expected to report a 5 percent degrowth in second quarter profit at Rs 930 crore and a 6 percent fall in revenue at Rs 15,519.3 crore on yearly basis, according to analysts polled by CNBC-TV18.

Cost curb aids Cairn's stellar Q2 show; stock gains limited: Pro

Improved operational efficiencies with supportive crude prices helped Cairn India report stellar set of earnings for the second quarter, say experts tracking the company.

Cairn India Q2 profit seen up 17%, Raj gross output may rise 2%

Cairn India's second quarter consolidated profit is seen rising 17 percent to Rs 421 crore and revenue may grow 6.1 percent to Rs 2,001 crore on sequential basis, according to average of estimates of analysts polled by CNBC-TV18.

Vedanta Q1 net seen down 42%; debt repayment, Cairn merger key

Analysts say commodity prices may drive earnings of the company but profitability already discounted as Hindustan Zinc and Cairn results announced. Hence, commentary on Cairn merger and debt repayment will be closely watched.

Cairn India Q1 net seen at Rs 500 cr on oil price realisations

Revenue is seen at Rs 2097 crore against Rs 1717 crore on sequential basis. In Q1 EBIDTA is likely to be at Rs 791 crore versus Rs 497.7 crore while EBIDTA margin may stand at 38 percent versus 29 percent quarter-on-quarter.

Cairn India Q1 profit seen down 12% at Rs 549cr: Motilal Oswal

Sales are expected to increase by 23.5 percent Q-o-Q (down 19.3 percent Y-o-Y) to Rs 2120.9 crore, according to Motilal Oswal.

Cairn India lowers current fiscal capex to USD 100 mn

Cairn India in a conference call today cut its capex plan for the current fiscal by more than half to USD 100 million from USD 248 million.

Cairn India Q4 net profit seen at Rs 22 cr, income seen down 30%

Total income in January-March quarter is likely to be down 29.8 percent at Rs 1878.4 crore on annual basis. EBITDA is seen down 50.7 percent at Rs 388.1 crore and EBIDTA margin is seen at 20.7 percent against 29.4 percent (YoY).

Vedanta Q2 net seen down 73%, progress on Cairn merger key

Analysts fell profitability already priced in Hindustan Zinc and Cairn India results. Even more than 80 percent of operating profit already priced in from both companies.

Cairn Q2 profit, EBTIDA may fall 31% on lower oil prices

Brent crude oil prices declined 19.2 percent in September quarter on sequential basis, which may hit EBITDA and profit. Rajasthan production is expected to remain flat quarter-on-quarter, feel analysts, adding forex gain may aid earnings.

Vedanta Q1 earnings may be subdued on commodity prices fall

Its profitability is solely driven by Hindustan Zinc and Cairn India, wherein company owns 65 percent and 59 percent stake, respectively. Both companies contribute around 75 percent of the total EBITDA of Vedanta.

Cairn India Q1 net seen at Rs 1000 cr, revenue may rise 7%

Oil & gas exploration company Cairn India is expected to report a profit of Rs 1,000 crore in the quarter ended June against loss of Rs 241 crore in March quarter, according to a CNBC-TV18 poll.

Vedanta Q4 profit may fall 57% on weak Cairn's nos

Vedanta's (earlier known as Sesa Sterlite) fourth quarter profit is likely to fall 57 percent year-on-year to Rs 690 crore due to weak earnings from Cairn India, according to a CNBC-TV18 poll.

Cairn India Q4 net seen down 70.4% at Rs 898.7 cr: MOST

Sales are expected to decrease by 17.9 percent Q-o-Q (down 43 percent Y-o-Y) to Rs 2875.8 crore, according to Motilal Oswal.

Cairn India Q4 profit seen down 52% to Rs 650 cr: Poll

Cairn India's net profit is seen falling 52 percent quarter-on-quarter to Rs 650 crore and revenue seen declining 28 percent to Rs 2,520 crore in the quarter ended March 2015, according to the average of estimates of analysts polled by CNBC-TV18.

Sesa Sterlite Q3 PAT seen dipping 21% YoY to Rs 1480cr

Vedanta Group‘s Sesa Sterlite is expected to report a 21 percent drop in third-quarter net profit to Rs 1,480 crore (versus Rs 1,860 crore year-on-year) while revenues are expected to come in flat at Rs 19,300 crore (compared to Rs 19,523 crore), according to a CNBC-TV18 poll of analysts.

Cairn India Q3 profit seen down 40% at Rs 1625 cr: Poll

Cairn India's third quarter profit is expected to decline 40 percent sequentially to Rs 1,625 crore on lower revenue and operational performance, according to the average of analysts polled by CNBC-TV18.

Cairn India Q2 profit seen up 110% to Rs 2300 cr: Poll

Analysts believe sales and EBITDA during the quarter may be lower Q-o-Q on account of weakness in crude prices.

Cairn India Q2 PAT may dip 25% at Rs 2540.6 cr: ICICIdirect

Revenues are expected to decrease by 4.8 percent Q-o-Q (down 8.2 percent Y-o-Y) to Rs 4268.1 crore, according to ICICIdirect.

Expect Reliance to report flattish Q-o-Q growth: Religare

Nitin Tiwari, VP- Institutional Research, Religare Capital Markets expects Reliance petrochemical margins to be better on a sequential basis. However, RIL may post weak earnings on the back of frail US refining margins, he adds.

Cairn India Q3 PAT may drop 6% at Rs 2969 cr: Emkay

Sales of Cairn India are expected to increase by 5 percent Q-o-Q (up 14 percent Y-o-Y) to Rs 4870.2 crore, according to Emkay Global Financial Services.

Cairn India Q3 PAT may slip 11% at Rs 2971cr: ICICIdirect

The revenue of Cairn India is expected to rise by 5.4 percent Q-o-Q (up 14.6 percent Y-o-Y) to Rs 4901.1 crore, according to ICICIdirect.com

Cairn Q3 profit may fall 9% to Rs 3080 cr: CNBC-TV18 poll

Revenue is seen going up by 7.5 percent to Rs 5,000 crore and earnings before interest, tax, depreciation and amortisation may grow 2.8 percent to Rs 3,630 crore compared to previous quarter.

What to expect from Cairn India numbers today

Cairn India will come out with its numbers today and the buyback also starts. Both of these will not be too big cues for Cairn India because the buyback is capped at Rs 335 per share, says Anuj Singhal of CNBC-TV18.